1305 Moore Place, Prescott, AZ 86303

$1,700,000

Property Type: Multi-Family Square Footage: 8,032 Lot Size (sq. ft.): 17,860 Status: Closed

Current Price: $1,700,000 List Date: 2/28/2022 Last Modified: 5/17/2022

Overview

Description

Unique Prescott 8plex. This property has been professionally managed and excellently maintained for decades. Current rental rates below market and this property still has incredible/steady cash flow. Each unit 2 bedroom 2 bath. Each unit has all appliances including washers and dryers. Decks, views, ample paved parking.

Listing Details MLS# 1045563

ContractAddressLegal

Original List Price: 1750000
Listing Price: 1750000
Street #: 1305
Street Name: Moore
St Suffix: Place
City/Township: Prescott
State: AZ
Zip Code: 86303
Subdivision: Green Manor Heights
County: Yavapai
Tax Parcel: 114-06-059

General Property Description

Lot #: Yes
Aprx Acres: 0.41
Total Liveable SqFt: 8032
Source of Measuremnt: County Assessor
Buildings: 2
Stories: 2
Year Built: 1996
Management: Mgmt Company
Gross Vol/Yr $: 75235
Vac Rate %: 5
HOA Y/N: No
Baths - Full: 8
More than 5 Units: Yes

Tax Info

Taxes: 3497
Tax Year: 2021

Status Change Info

Under Contract Date: 2022-03-02
Sold Date: 2022-04-20
Sold Price/SqFt: 212
Financing: Cash

Unit 1

Unit ID: A1
# BR: 2
# BA: 2
SqFt: 1004
Rent $: 785

Unit 2

Unit ID: A2
# BR: 2
# BA: 2
SqFt: 1004
Rent $: 785

More Information

Unit 3

Unit ID: A3
# BR: 2
# BA: 2
SqFt: 1004
Rent $: 875

Unit 4

Unit ID: A4
# BR: 2
# BA: 2
SqFt: 1004
Rent $: 830

Unit 5

Unit ID: B1
# BR: 2
# BA: 2
SqFt: 1004
Rent $: 785

Contract/Address/Legal

List Price/SqFt: 218
Rent/Lease: No
Neighborhood: N/A
REO/Short Sale: Not Applicable
Zoning: MF-H
Assessor's Book #: 114
Assessor's Map #: 6
Assessor's Parcel #: 59
Legal: LOT 1 BLOCK G GREEN MANOR HEIGHTS AMD BOOK 4 PAGE 7

Remarks & Misc

Directions: Gurley to Robinson to Moore Place. Easy to exit through Rush Street if heading back into Prescott.
Remarks: Unique Prescott 8plex. This property has been professionally managed and excellently maintained for decades. Current rental rates below market and this property still has incredible/steady cash flow. Each unit 2 bedroom 2 bath. Each unit has all appliances including washers and dryers. Decks, views, ample paved parking.

Building Type

5+ Units: Yes

Construction

Frame - Wood: Yes

Cooling

Ceiling Fan(s): Yes
Central Refriger: Yes

External Amenities

Patio/Deck/Balcony: Yes
Other - See Remarks: Yes

Flooring

Carpet: Yes
Vinyl: Yes

Heating

Forced - Gas: Yes

Owner Pays

Trash: Yes
Water: Yes

Possession

At Recordation: Yes

Records Available

None: Yes

Road Frontage Type

City Street: Yes

Road Responsibility

City Maintained Road: Yes

Roof

Asphalt Shingle: Yes

Terms & Conditions

1031 Exchange: Yes
Conventional: Yes

Utilities Installed

Electricity: Yes
Natural Gas: Yes
Water - City: Yes
WWT - City Sewer: Yes

Water Heater

Natural Gas: Yes

Unit 1 Parking

1 Car: Yes
Off Street: Yes

Unit 1 Info

Ceiling Fan(s): Yes
Dishwasher: Yes
Fire/Smoke Detectors: Yes
Laundry Room: Yes
Range/Oven: Yes
Refrigerator: Yes
W/D Connection: Yes
Other - See Remarks: Yes

Unit 2 Parking

1 Car: Yes
Off Street: Yes

Unit 2 Info

Ceiling Fan(s): Yes
Dishwasher: Yes
Fire/Smoke Detectors: Yes
Laundry Room: Yes
Range/Oven: Yes
Refrigerator: Yes
W/D Connection: Yes
Other - See Remarks: Yes

Unit 3 Parking

1 Car: Yes
Off Street: Yes

Unit 3 Info

Ceiling Fan(s): Yes
Dishwasher: Yes
Fire/Smoke Detectors: Yes
Laundry Room: Yes
Range/Oven: Yes
Refrigerator: Yes
W/D Connection: Yes
Other - See Remarks: Yes

Unit 4 Parking

1 Car: Yes
Off Street: Yes

Unit 4 Info

Ceiling Fan(s): Yes
Dishwasher: Yes
Fire/Smoke Detectors: Yes
Laundry Room: Yes
Range/Oven: Yes
Refrigerator: Yes
W/D Connection: Yes
Other - See Remarks: Yes

Unit 5 Parking

1 Car: Yes
Off Street: Yes

Unit 5 Info

Ceiling Fan(s): Yes
Dishwasher: Yes
Fire/Smoke Detector: Yes
Laundry Room: Yes
Range/Oven: Yes
Refrigerator: Yes
W/D Connection: Yes
Other - See Remarks: Yes

Property Features

Building Type: 5+ Units Construction: Frame - Wood Cooling: Ceiling Fan(s); Central Refriger External Amenities: Patio/Deck/Balcony; Other - See Remarks Flooring: Carpet; Vinyl Heating: Forced - Gas Owner Pays: Trash; Water Possession: At Recordation Records Available: None Road Frontage Type: City Street Road Responsibility: City Maintained Road Roof: Asphalt Shingle Utilities Installed: Electricity; Natural Gas; Water - City; WWT - City Sewer Water Heater: Natural Gas Unit 1 Parking: 1 Car; Off Street Unit 1 Info: Ceiling Fan(s); Dishwasher; Fire/Smoke Detectors; Laundry Room; Range/Oven; Refrigerator; W/D Connection; Other - See Remarks Unit 2 Parking: 1 Car; Off Street Unit 2 Info: Ceiling Fan(s); Dishwasher; Fire/Smoke Detectors; Laundry Room; Range/Oven; Refrigerator; W/D Connection; Other - See Remarks Unit 3 Parking: 1 Car; Off Street Unit 3 Info: Ceiling Fan(s); Dishwasher; Fire/Smoke Detectors; Laundry Room; Range/Oven; Refrigerator; W/D Connection; Other - See Remarks Unit 4 Parking: 1 Car; Off Street Unit 4 Info: Ceiling Fan(s); Dishwasher; Fire/Smoke Detectors; Laundry Room; Range/Oven; Refrigerator; W/D Connection; Other - See Remarks Unit 5 Parking: 1 Car; Off Street Unit 5 Info: Ceiling Fan(s); Dishwasher; Fire/Smoke Detector; Laundry Room; Range/Oven; Refrigerator; W/D Connection; Other - See Remarks

Listing Office: Southwest Property Sales Leasing

Last Updated: May - 17 - 2022

The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Prescott Area Association of REALTORS. Information provided is thought to be reliable but is not guaranteed to be accurate. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Real estate listings held by brokerage firms other than the website owner, are indicated by detailed information about them such as the name of the listing firms. Copyright© 2020 Prescott Area Association of REALTORS. All rights reserved.